Delta Natural Gas Co. reports financial results; declares dividend

Business Wire, Nov 21, 1996

WINCHESTER, Ky.--(BUSINESS WIRE)--Nov. 21, 1996--Delta Natural Gas Co. Thursday reported operating results for the following periods ended Sept. 30, 1996 and 1995: -0-

                      Three Months Ended       Twelve Months Ended
                     9/30/96      9/30/95      9/30/96     9/30/95

Operating revenues $ 4,074,332  $ 3,774,849  $36,875,538 $31,984,926
Earnings (loss) on
 common shares     $  (734,296) $  (760,662) $ 2,687,715 $ 1,790,131
Earnings (loss) per
 common share      $      (.33) $      (.41) $      1.35 $       .96
Dividends declared
 per common share  $      .285  $       .28  $      1.13 $      1.12